Explicit versus implicit food subsidies: Distribution of costs

For years economists have tried to go beyond the strictly economic "efficiency" measure of costs and benefits to resolve the problem of how to explicitly incorporate some of the noneconomic benefits and costs into their analytical framework.1 One of the major issues is assigning weights to consumpti...

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Detalles Bibliográficos
Autor principal: Valdés, Alberto
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1988
Materias:
Acceso en línea:https://hdl.handle.net/10568/161097
Descripción
Sumario:For years economists have tried to go beyond the strictly economic "efficiency" measure of costs and benefits to resolve the problem of how to explicitly incorporate some of the noneconomic benefits and costs into their analytical framework.1 One of the major issues is assigning weights to consumption gains accruing to different income groups, especially the consumption of food by the poor and malnourished. These noneconomic considerations are difficult to quantify, particularly when there is no consensus about the underlying noneconomic values.